What is the conclusion of the test
Given a sample size of 65, with sample mean 726.2 and sample standard deviation 85.3,
we perform the following hypothesis test.
H0: μ = 750H1: μ < 750
What is the conclusion of the test at the α = 0.10 level? Explain your answer.
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For Contreras Company, sales is $1,000,000, fixed expenses are $300,000, and the contribution margin per unit is $72. What is the break-even point?
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